Read: https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-advance-estimate
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2025 (April, May, and June), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.5 percent.
I don't like how the BEA presents this. They only say the increase in Real GDP but they don't say what the total is, or how much inflation there is. They do say that current-dollar GDP increased by 5.0 percent during the 2nd quarter, and I assume that means an annual increase.
Just give me the raw data. To get it you have to click on "Related Materials", the click on "Full Release & Tables" and then at the top of page 8 are the numbers. GDP was 29,962.0 at the end of Q1 2025 and 30,331.1 at the end of Q2 2025.
What was debt to the public at the end of June 30, 2025? $28.953 trillion. So the ratio is 95.5%. This is down from 96.4% a year earlier, but this is misleading because the debt ceiling wasn't raised until 7/7/25. So let's do a comparison at the end of July and these numbers should be out very soon.
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As of July 31, 2025 the debt to the public is $29.521 trillion, making the ratio 97.4%.
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